Peter Lewis: A fast moving and topical business and finance show.
A fast moving and topical business and finance show bringing you breaking business and economic news and financial market updates. Presented by former CEO and investment bank global trading head Peter Lewis, with over 30 years' industry experience. Join Peter and his expert guests for analysis and discussion on the day's top business stories live from 8 a.m. to 8.30 a.m. every weekday morning on RTHK Radio 3. We have a podcast to download after the show and you can also listen through the RTHK Radio 3 website live or later in the day. We welcome your questions, comments and feedback to read out in the show. You can email us at email@example.com, post on our Facebook page "Money Talk on RTHK Radio 3 " or find us on twitter "MoneytalkR3") .
US stocks have fallen sharply overnight as investors confront a number of fears including Donald Trump's ability to push through infrastructure spending and tax reforms. In the latest blow to Donald Trump’s relationships with the business community, he has abandoned plans for a third business council. The White House announced this morning that it would not go ahead with a planned Infrastructure Council that would have advised the President on how to invest in roads, bridges and other public works projects. White House strategist Steve Bannon says the United States is in an "economic war" with China, and just 5 years away from hitting a point at which America will never be able to recover.
E-commerce giant Alibaba has almost doubled its profits in the last 3 months. The company benefitted from strong growth in its core ecommerce business, as more Chinese shoppers bought online.
On today’s Money Talk to provide their analysis on the China markets are Francis Lun of GEO Securities and Dickie Wong of Kingston Securities. Toby Lawson, CEO of Societe Generale Securities in Sydney gives us an Australian perspective on the latest business news. Alfred Lau, property analyst at BOCOM discusses the outlook for the Hong Kong and mainland property sector. Finally, we are joined by Gilly Wong, Chief Executive of the Hong Kong Consumer Council. (8am-9am, email to firstname.lastname@example.org)
18/08/2017 - 08:08 Business and Market Discussions
Francis Lun, CEO of GEO Securities says there will be a correction of at least 1000 points in the Hong Kong stock market and when the Hang Seng index reaches 26500, investors can consider buying again.
Dickie Wong, Executive Director of Kingston Securities says the political uncertainty in the US affects sentiment but should not have any other impact on the HK market.
18/08/2017 - 08:20 View from Australia
18/08/2017 - 08:33 Industry Focus: Property
18/08/2017 - 08:45 Hong Kong Consumer Council
President Donald Trump has escalated his rhetoric on North Korea saying his statements may not have been “tough enough.” Pyongyang says it will have plans for a missile strike near Guam ready in a matter of days. Shares on Wall Street and around the world have fallen sharply in response to the rising geopolitical tensions. The dollar has also dropped and gold has jumped higher.
Facebook is to launch a new video service called Facebook Watch. It will allow users to personalise their viewing based on what their friends are watching and Facebook will also produce its own original content.
China has hit back at a preliminary US judgement that Chinese aluminium foil producers received subsidies of between 17 to 81%. Beijing says the allegations are “groundless” and it could damage economic relations.
We have a programme packed with CEO’s. Joining today’s Money Talk to review the local markets are Francis Lun, CEO of GEO Securities and Sam Faveur, CEO of Mandarin Capital. Toby Lawson, CEO of Societe Generale Securities in Sydney provides his regular Friday view from down under. After 8:30, Jonathan Zeman CEO of Lan Kwai Fong Group discusses the latest trends in HK’s leisure & entertainment sector. Finally, in our Friday entrepreneurs segment, we meet Aries Lee, founder of HoHoLife whose lifestyle store provides products to improve the quality of life for the elderly. (8am-9am, email to email@example.com)
11/08/2017 - 08:08 Business and Market Discussions
11/08/2017 - 08:22 View from Australia
11/08/2017 - 08:33 Lan Kwai Fong Group